NEXTracker Overview
- Founded
- 2013
- Status
- Acquired/Merged
- Employees
- 400
- Latest Deal Type
- Later Stage VC
- (In Progress)
- Latest Deal Amount
- $500M
- Investors
- 1
NEXTracker General Information
Description
Manufacturer of horizontal trackers designed to secure a brighter, cleaner future for generations to come. The company's trackers are advanced single-axis solar trackers for the power plants, enabling users to harvest the sun more efficiently, at lower costs and with more flexibility.
Contact Information
Website
www.nextracker.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Other Commercial Products
Parent Company
Primary Office
- 6200 Paseo Padre Parkway
- San Francisco Bay Area
- Fremont, CA 94555
- United States
+1 (510) 000-0000
NEXTracker Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 02-Feb-2022 | $500M | 000 | In Progress | Generating Revenue | |
| 7. Secondary Transaction - Private | 02-Mar-2022 | 00000 | Completed | Generating Revenue | ||
| 6. Merger/Acquisition | 28-Sep-2015 | 00000 | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series C) | 01-Jul-2015 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Early Stage VC (Series B) | 09-Feb-2015 | 0000 | 000.00 | Completed | Generating Revenue | |
| 3. Early Stage VC (Series B) | 31-Dec-2014 | 000 | 000.00 | 000.00 | Completed | Startup |
| 2. Debt - General | 01-Oct-2014 | $7.12M | Completed | Startup | ||
| 1. Early Stage VC (Series A) | 21-Feb-2014 | $7.12M | $7.12M | 000.00 | Completed | Startup |
NEXTracker Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
| Series B | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A | 9,125,411 | $0.001000 | 8% | $1 | $1 | 1x | $1 | 39.97% |
NEXTracker Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Manufacturer of horizontal trackers designed to secure a brighter, cleaner future for generations to come. The company's
Alternative Energy Equipment
Fremont, CA
400
As of 2022
000.00
00
0000-00-00
0000000000 0
00000000
orem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore e
00000000000 000000 000000000
Wallerfing, Germany
00
As of 0000
0000000 0000
00000000
trud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in
00000000000 000000 000000000
Chelmsford, Canada
00.00
0000-00-00
000000&0
Add Comparison
PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.
Request a free trialNEXTracker Competitors (15)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ideematec Group | Private Equity-Backed | Wallerfing, Germany | 00 | 0000000 0000 | ||
| 00000000 00000000 | Formerly VC-backed | Chelmsford, Canada | 000000&0 | |||
| 00000 00000 | Corporation | Tempe, AZ | 0000 | 00.000 | 00000000000 | 00.000 |
| 0000000 | Formerly VC-backed | San Diego, CA | 000 | 00000 | 00000000000 | 00000 |
| 00000000 | Venture Capital-Backed | Dresden, Germany | 00 | 00000 | 000000 - 000 | 00000 |
NEXTracker Patents
NEXTracker Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210273602-A1 | Systems and methods for split-cell and multi-panel photovoltaic tracking control | Pending | 01-Mar-2020 | 000000000 | |
| US-10868490-B1 | Adjustable clip assembly for solar modules | Active | 01-Aug-2019 | 00000000 | 0 |
| US-20210167719-A1 | Adjustable clip assembly for solar modules | Pending | 01-Aug-2019 | 000000000 | |
| US-20200403559-A1 | Expandable splice for a solar power system | Pending | 18-Jun-2019 | 000000000 | |
| US-20200373878-A1 | Actuator systems for solar trackers | Pending | 24-May-2019 | F16H25/2018 |
NEXTracker Executive Team (19)
NEXTracker Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| Daniel Shugar | NEXTracker | Co-Founder, Chief Executive Officer & Chairman | 000 0000 |
| Jonathan Coslet | TPG | Board Member | 000 0000 |
| Steven Mandel | TPG | Board Member | 000 0000 |
NEXTracker Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialNEXTracker Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| ClearSky | Venture Capital | Minority | 000 0000 | 000000 0 | |
| DBL Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Flex (Electronics ) | Corporation | Majority | 000 0000 | 000000 0 | |
| NGEN MGT II | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Presidio Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
NEXTracker Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000 000 | 30-Aug-2016 | 0000000000 | Business/Productivity Software | 000000 00 |